Manage episode 478648051 series 3605630
In this episode of The Franchise Millionaire™ Show, Andrea Bailey Brown pulls back the curtain on one of the most overlooked—and misunderstood—franchise opportunities in the market: laundromats.
With industry valuations reaching $5–6 billion annually, laundromats are far from the low-cost, low-reward businesses they’re often perceived to be. Andrea breaks down what it really takes to get started, including startup costs, customer demographics, site selection strategy, and the multiple revenue streams that make this business a compelling investment.
Whether you're exploring franchise ownership or actively researching opportunities, this episode offers practical insights, data-backed strategy, and a clear-eyed view of the laundromat industry from an experienced franchise consultant and investor.
Have a question for a future “Ask Andrea Anything” episode? Send it to [email protected]
Highlights
- Why laundromats and car washes are trending among franchise investors
- A realistic breakdown of laundromat startup costs
- The actual customer base: beyond traditional assumptions
- Seven unique revenue streams every investor should know about
- Key advantages: semi-absentee ownership, recession resistance, and consistent demand
- The importance of demographic research and site selection
- Financing options and how to start without a full $1.5M in capital
- What makes laundromats a sound, sustainable business model
Connect with Andrea:
Website: https://bbfranchiseagency.com/
Instagram: @baileybrownconsulting
25 episodes